:: The threshold at which people pay the higher rate of income tax is being increased from £42,385 to £45,000 from April next year, a cut of more than £400 annually and taking half a million people out of the higher tax band altogether.

:: The personal tax free allowance is rising to £11,500 at the same time – a tax cut for 31 million people. Mr Osborne said the move would also take 1.3 million of the lowest paid out of tax altogether.

:: The headline rate of capital gains tax is being cut from 28% to 20% and for basic rate taxpayers from 18% to 10%.

:: A band of national insurance affecting three million self-employed people is to be abolished resulting in a tax cut of £130 for each of them.

:: Taxes on tobacco will go up but for beer and cider as well as scotch whisky and other drinks will be frozen, the Chancellor said.

SUGAR

:: Amid the growing crisis in childhood obesity, a new sugar tax will be introduced in two years with one band affecting products containing more than 5g of sugar per 100ml and a second higher band will target those with more than 8g.

:: Pure fruit juices and milk-based drinks will be excluded and the smallest producers are to be shielded from the measures.

SAVERS

:: From April 2017, a new lifetime ISA designed to help those struggling to save for a home and for their retirement will be available to anyone under 40 - with the Government contributing £1 for every £4 saved.

:: The wider limit for ISA savings is going up from £15,000 to £20,000 a year for all at the same time.

Video:Britain 'Better Off' In Reformed EU

SMALL BUSINESS

:: Mr Osborne said he was introducing a £7bn tax cut for "our nation of shopkeepers".

:: Small business rate relief is being more than doubled permanently - from £6,000 to £15,000. The threshold is also being raised for the higher rate.

:: The changes will see 600,000 small businesses paying no business rates at all from April next year, saving them nearly £6,000 a year while a further quarter of a million will see their rates cut, the Chancellor said.

:: Corporation tax is to fall to 17% from April 2020. Mr Osborne said: "Britain is blazing a trail. Let the rest of the world catch up."

:: Commercial property stamp duty is to be reformed along the lines of the previous shake-up of residential property stamp duty. This will bring in an extra £500m a year though 90% will see their tax bills cut or stay the same under the changes.

TAX AVOIDANCE

:: Measures will target multinationals that overborrow abroad and deduct the interest bills against UK profits to reduce their tax bills, as well as other tax loopholes.

:: Public sector companies will have to ensure their employees pay the correct tax rather than allowing an advantage to those paid through personal service companies.

Video:Chancellor On Tackling Tax Evasion

:: Further measures on tax avoidance included shutting down disguised remuneration schemes, ensuring UK tax will be paid on UK property development, and changing the treatment of remote gaming providers. Together the measures are expected to raise £12bn over the Parliament.

THE ECONOMY

:: UK growth will be slower than previously thought, according to the Office for Budget Responsibility.

:: Gross domestic product (GDP) will grow 2% this year, down from a previous expectation of 2.4%. Growth has also been revised down for each subsequent year until 2020 - but the Chancellor said the UK was still set to grow faster than any other major advanced economy in the world and pointed to record levels of employment.

:: Mr Osborne said the outlook for the global economy was weak while there was turbulence in financial markets and low productivity in Western nations – creating a "dangerous cocktail of risks".

:: The outlook will weigh on public finances. Debt as a proportion of GDP will be higher over coming years than previously thought.

:: Annual borrowing for 2015/16 has been revised downwards to £72.2bn compared to a previous forecast of £73.5bn but it will be higher in subsequent years. The Chancellor said that there would still be a surplus by 2019/20 because of "further action to control spending and make savings".

THE CUTS

:: The Chancellor said he rejected the "dangerous advice" that Britain now needed to start spending more. Instead, he said, the country must "live in the world as it is, and cut our cloth accordingly".

Video:Chancellor Announces Sugar Tax

:: Mr Osborne has asked Treasury ministers to launch a new drive for "efficiency and value for money" to save a further £3.5bn in the fiscal year 2019/20 – cuts that are "more than achievable" while maintaining protections for areas such as the NHS, he said.

:: The disability budget will be "better targeted at those who need it most" under plans already set out – while still rising overall.

:: International aid has met a target of 0.7% of national income but will not rise by more than that – and the budget will be readjusted resulting in a saving of £650m in 2019/20.

:: Meanwhile the plan introduced in the last Parliament to save £400bn in the long-term by reforming public sector pensions will be extended to hike employer contributions.

OIL AND PETROL

:: The beleaguered North Sea energy industry – pummelled by plunging crude prices – will be helped as the tax charges they face are cut sharply or scrapped.

:: Fuel duty is to be frozen for the sixth year.

EDUCATION

:: Every primary and secondary school in England will be or will be in the process of becoming an academy by 2020. The Government will fund longer school days for those that want to offer more activities including extra sport.

EUROPE

:: Mr Osborne used his Budget to issue a warning on what he sees as the risks of leaving the European Union.

:: He quoted the Office for Budget Responsibility stating that a leave vote could "usher in an extended period of uncertainty" regarding the terms of the UK's future relationship with the EU – though conceding that the OBR has not entered into the debate on the long-term costs and benefits of membership.

OTHER

:: Flood defence spending to be increased by £700m funded by a 0.5 percentage point increase in the insurance premium tax.

:: The Government gives a green light to an HS3 rail line between Manchester and Leeds, is finding money for a new four-lane M62 and developing the case for a road tunnel between Manchester and Sheffield.

:: A package of £115m will support those who are homeless and to reduce rough sleeping.

:: The Government commits to a new Shakespeare North theatre in Knowsley, Merseyside, in the 400th anniversary of the playwright's death.